TVS Holdings Limited — QIP/Rights/Pref., 22-01-2025: Allotment of Securities

TVS Holdings Limited has announced the allotment of 30,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹1 lakh each, totaling ₹300.15 crore. The debentures will have a tenure of five years, maturing on January 22, 2030, and offer an annual coupon rate of 8.75%. These debentures will be listed on the National Stock Exchange of India. The allotment was approved after successful bidding on the NSE EBP Platform, with the subscription amount remitted by identified investors.